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Search Results 0 to 23 of about 24 (some duplicates have been removed)
today in what could be the last chance to come talk before the u.s. falls off the fiscal cliff next week. >>> investors are bracing for the final eurozone bond sale of the year. italy will sell up to 6 billion later today. >> and the yen has been sent lower and stocks to their highest level in 21 months. >>> this is the final "worldwide exchange" from london of the year. louisa is here for it. >> i can't believe it. it's my last working day of the year, as well. >> is it? >> yes. >> unfortunately we'll still be talking about the same thing we're talking about now. >> although i feel we'll be talking more debt ceiling, as well. >> and speaking of which, president obama is trying a last ditch effort to restart budget talks days before the u.s. goes over the fiscal cliff. speaker john boehner has called the house back into session sunday evening. house majority leader eric cantor is telling his members to be prepared to work through january 2nd. both sides are still far apart on taxes and spending cuts. harry reid says prospect deals by monday are unlikely. minority leader mitch mcconnell s
it in perspective. the euro/u.s. dollar didn't move that much whatsoever. from that point of view, i don't think that we just have to look at today or the last two days of development in euro/u.s. dollar. of course, global trade is really important for the german economy. it continues to be very important. even from a private consumption point of view, we did have quite a bit of support as of late. also because of the wages. and looking at the world bank report, also looking at the asian economies in 2013, 2014, them seeing a little better picture is very good for the german economy and not to speak about the turnaround in the u.s. which seems to be stabilizing, looking this also at the housing market. so business sentiment better than expected. it is rising. the current conditions a little weaker than expected. add to that the financial analyst numbers we had as of late, also better than expected. not too bad. >> patricia, we'll see you again next hour. thank you very much for following all the latest there. >> sure. >>> now, shares in ubs have edged up in early trade after the bank announced a
finds. we see falling u.s. demand, rising supply. we see miles driven. there's technology at play. probably the biggest thing that could happen to the auto industry and we can come on to that. that's only a few years out. the message from the futures market that we're get sg oil should be some $10 to $15 lower. if we were to get $10 off the oil price, it broadly equate toes about 1% gdp surprising the western world. it's that time of year where we're pending our thoughts to next year. tangible, economic prices to next year. it will be oil related, a chance, good job with raising the tax threshold in the uk. that means for the first year in five. uk link will be up, not down. and them i also think thattory thing our chancellor did a good job of was she raised taxes by 10 so companies can invest a 215 pounds, not just 200 pounds. >> that's a leverage the other governments have been trying to pull. but your point is interesting. it's not just the uk we were seeing there. and it goes back to the point you were making about oil. u.s. retail gas prices are down 16% since their peak this
to u.s. exporters may be showing signs of stabilizing, maybe get to growth. so that might mean moderation in the eurozone might ease in the first quarter. but again, this is all dependent on what happens with that ongoing debt crisis and any step back in resolving that would obviously have a knock-on effect to the economy. >> i'm wondering whether germany as we look at -- they're just above sort of recession territory at the moment. i'm wondering whether if they get better growth out of asia, that will offset the weakness that they're seeing in europe enough to keep them above the pencil line. >> what we've seen so far with today's numbers is exports are declining very sharp. they'll need asia and the u.s. to offset some of that demand weakness, but again, the biggest market for most is the euro zone. if the eurozone is performing badly, that will have a thok-on effect for those countries. >> there's a number of strategists saying after the u.s. has sort of led equities for most of the year, they're now saying europe is the place to be. from i think really the question you have
of just 2.5% in the u.s., 1.5% in canada and zero growth in the uk. locally, cutbacks in government spending weighed on the numbers and lower commodity prices also impacted on cash flow and the government is facing more criticism about its effort to keep the budget in surplus while the economy grows. >> the government has had the objective of making sure that we would bring our budget back to surplus when growth has been around trend. what we've been seeking to do through good budget policy has been to provide maximum flexibility to the reserve bank to a just rate so. the government will always put in place appropriate budget settings which will support growth and jobs. >> still, analysts say growth could slow further as the mining investment boom peaks. yesterday, the bank of australia cut interest rates to a record low of 3% and traders are looking further easing next year to offset the falling talks of trade, the high australian daughter and further cutbacks in government spending. >> despite that prognosis for rates and the fact that we're now matching the record lows here, the
:20. and the outlook for u.s. credit market appears less rose city. we'll speak to a moody's analyst that says high duration credit could be badly exposed. the european central bank is announcing either monetary policy decisions later today. economists expect ecb to stay pat on rates. its revised down its forecasts in 2013. hot on the heels from her stint in brusselss, silvia has moved back to frankfurt and the ecb headquarters. how more pessimistic might they be today in their forecasts. >> that's the big question. if they get too clee to the zero for the forecast next year, anything below let's say 0.4, 0.3 would be considered a little bit more bearish and that would of course increase the chances or risks whatever you want to look at it for further rate cut somewhere down the pike early next year, maybe january or february. the consensus for today is as you said no change on rates. remember a month ago, there were many calling for rate cut this month, but that seems to have receded right now. maybe also because the data we see out of the eurozone is rather mixed. everybody quite agrees that foir
. >>> in the u.s. firearm homicide rates are 19 times higher than the other high-income industrialized countries according to the brady campaign. national correspondent kyung law compares her years of reporting in japan where there's almost no gun violence. >> reporter: i moved back to the u.s. this summer. for the last five years i lived in japan as cnn's tokyo correspondent. in that entire time i never covered a shooting. there weren't any. this is my third mass shooting i've covered in just six months. >> she's on the scene for us at that apartment complex. she has more on this part of the investigation. >> reporter: in this brief time i've heard this question again and again by those victimized, most recently from a frustrated newtown resident. >> why are we so different from so many other industrialized countries that have so little gun violence, and we are just -- what makes us so different? s why is that? >> i don't have the answer. i can compare japan and u.s. in japan there are no guns. it's the safest place i've lived. here in the u.s. gun ownership is considered normal. 40% of america
of what they sell and produce is exported all around the world. they want the u.s. economy to be stronger as quickly as possible and robust as quickly as possible because it means they'll continue to ask for. as much as they try to move from an export economy to a domestic consumption-based economy, and the reality is the more americans were coming for money they have in the pocket and the more they'll be shopping in stores. the healthier the u.s. economy is, the more they china will export and that means jobs for the chinese people. >> how much are they actually worried about the united states and how much time and attention are they paying to overdo it and enough relationship versus there are internal issues? >> i think the united states is incredibly important in china and they recognize that not only did their part to always ambassador locke has just described, but in another way i think you could say it's more psychological. it's a 150 year history where china has been trying to chain itself up into big power status. it's not there is very close to being there. get their just lingeri
that a red line, and the u.s. would have to get involved if bashar al-assad were to do that. do you think that the u.s. stance is the same today? >> well, i think it is, allison, and it's getting very critical because with damascus being surrounded, or about to be surrounded, the potential, the airport as was just reported, that that may be put out of business, bashar al-assad is getting desperate and he may go to his last option which would be chemical weapons, sarin gas. we have good intelligence that they are loading up aircraft. they have moved the munition -gs from thmahmoudijah admonitions from the eug lieu igloos, where they are stored. it's a very difficult situation. nato leading from the front must get involved. we cannot let those weapons get in the hands of hezbollah, hamas, al-qaida. >> reporter: if the u.s. were to get involved ornate tow, what would that look like? >> i would not have a large footprint as you've heard some people in the pentagon say 75,000 troops. i think we can use a smaller footprint, use air power, put a no-fly zone over syria, go in and seize those. the
that the u.s. is trying to talk to. the fbi was allowed to speak to him. he doesn't have anything to say to u.s. officials. >> didn't have anything to say. we sure keep pressing at the police department. thank you for that. it is an honor given to very few americans. long time senator daniel inouye of hawaii lying in state in the capitol rotunda. he died on monday at the age of 88. inouye represented hawaii in washington since it became a state back in 1959, so his half century tenure makes him the second longest serving senator in history. harry reid paying respects. >> although senator inouye was a progressive democrat, he put his country first and party second. dan was a vibrant and vital presence in the senate and in death will remain a legend. his last words on earth, aloha. it is with a heavy heart that i and we bit alloy ha, goodbye, i love you, to a friend and legend of the senate, daniel kent inouye. >> as a japanese-american soldier he lost his right arm and received the medal of honor. only 31 people have lane in the capitol rotunda. the last was gerald ford about six years ago. >> a
as a joint u.s. afghan special team went in to save the life of dr. dilip joseph, an american doctor who was kidnapped two days before with two members of his afghan staff. the staff was released earlier when a small ransom was made but the taliban was asking for $100,000 for dr. joseph's release. general john allen felt that his life was in imminent danger and then called for the rescue mission as special operations team lured the taliban in, saying they would pay the ransom. the taliban came. instead, they were met by this team who killed at least six taliban insurgents. unfortunately, this u.s. navy s.e.a.l. also lost his life. his identity has not yet been released but he is being labeled a hero by the top brass in washington, including secretary of defense leon panetta and president barack obama who in a statement said he gave his life for his fellow americans and he and his teammates remind us once more of the selfless service that allows our nation to stay strong, safe and free. the american navy s.e.a.l. sacrifice has not been lost on dr. joseph's family who, in a statement relea
ceiling is also looming in these talks. the treasury say the u.s. is likely hit its 16.4 trillion dollar debt limit by the end of this year. the treasury could use creative measures that would stave off in the u.s. debt default until mid february. as far as where we are with these talks right now watching 10? we are basically nowhere. and is looking more likely that we will go off the fiscal cliff at the end of the year. 706 a m right now and we'll be back with more in a couple of minutes. here's a live look at the golden gate bridge. we will be right back. you won't take my life. you won't take our future. aids affects us all. even babies. chevron is working to stop mother-to-child transmission. our employees and their families are part of the fight. and we're winning. at chevron nigeria, we haven't had a reported case in 12 years. aids is strong. aids is strong. but we are stronger. and aids... ♪ aids is going to lose. aids is going to lose. ♪ apple shares are up over 40 percent for the year. also watching facebook par. >> facebook shares up to 2786. >> the port of oakland maritime
back to mortga"morn joe." there are new developments involving the attack on the u.s. consulate in benghazi. it places most of the blame on the state department for providing extra security. they conclude a systemic management failure at the state department resulted in grossly inadequate security at the consulate where four americans were killed that night. the report says the u.s. relied on poorly skilled local militia members to safeguard the facility, and investigators found no evidence it was sparked by protests to an anti-muslim video. >> no evidence of that, and that's what, of course, the white house and the press led with after this happened. >> this is from an independent panel. >> unbelievable. gross negligence, willie, against hillary clinton's state democrat department. >> the report found no cause for disciplinary action. they made 29 recommendations to improve embassy security. secretary of state hillary clinton reportedly has accepted all of them. >> can i ask you, when is the hearing? >> thursday. >> what is she going to say at the hearing. >> she's not going to
of a u.s. tank. these will are just some of the excerpts of his beliefs about american or foreign policy as relates to the war. >> steve: as soon as that came out, it's like wait a minute, you can't invite him to this white house event. in fact, for a little while on white house.gov, there was a petition saying, you got to uninvite him. so what does he do? he apologized. he said in part, quote, while i'm grateful for the freedom to express one's self, i have learned there are limits to what language is appropriate. goes on, i will be forever sorry for any pain i have caused anyone by those words. you know what? >> brian: like him and his pocketbook. >> steve: now that he's a big star, he's taking it back because he wants to continue to make a lot of money on that thing. and had he not been invited to the white house, i bet he he would not be doing any apologizing. >> brian: just think about this, how could you be any prominent south korean and not be thankful to the americans for what we've done for that country that, country would not exist without america. for him to say those brutal w
the san francisco ballet put the first u.s. production and marketed to families. but the curtain went up on the nutcracker 120 years ago today. now you know the news for this tuesday, december 18. dad's birthday, 85. still kicking. happy birthday, pop. i'll see you back here tomorrow from studio b at 3 eastern and fox report right before mr. bill o'reilley >> bill: "the o'reilly factor" is on. tonight -- >> the assault weapon is developed for military purposes to kill in close combat. >> bill: as we predicted, semiautomatic weapons are now under fire. pardon the pun. will congress ban them? charles krauthammer and i will discuss it. >> he is not a gun runner and you know. he should be released immediately. >> bill: with seven days until christmas, will the mexican government release marine corporal jon hammer from prison? this is a terrible miscarriage of justice. and president obama should get involved. we'll have the latest from the corporal's parents. >> i know what you're thinking. did he fire six shots or only five? ask yourself one question, do i feel lucky? >> bill: do you recall
their full rights as u.s. citizens. as for anita alvarez, she's still not convinced terrill swift and his codefendants are innocent. >> alvarez: i don't know whether he committed the crime or not. there are still unanswered questions in both of these cases that i couldn't sit here today and tell you that they are all guilty or they are all innocent. >> pitts: what would you say to her if you could? >> swift: i was wrongfully incarcerated for 15 years and you're still fighting my innocence, not only mine but my co-defendants. what else needs to be done? >> pitts: during our interview, terrill's mother, who was in the room at the time, became emotional. i could hear you crying over there. why are you still shedding tears? >> mrs. swift: that was hard, actually have your child taken away from you and he was innocent. and i knew this from the beginning. but what could i do? not to be able to get my child, my baby, my firstborn-- that was hard and it still is. we came through it with the grace of god. >> cbs money watch update sponsored by: >> good evening. the federal reserve is expected to p
about his new book. he also discussed china and the history of the u.s. constitution. this is just over an hour. >> ok. concepts. for 20 years i have been advising -- roughly half of that on financial economic matters. the other half a variety of topics. about 10 years ago, um we started -- about 10 years ago, we started talking about role of law. i said to him at the time, what strikes me about this topic was that other than the occasion i can think of, other than when paul worked at the state department and bill clinton was president, this topic in my view has never gotten the attention it deserves. it has been treated too much as a technical topic. not as a fundamental topic about the relations of the state's. in my experience, i always say the chinese leadership, the most distinctive characteristic is they are systematically opened. that is to say the modus operandi is on a particular topic, let's look for the best ideas throughout the world, bring them back, study them, and then customize them as appropriate for our own system. and yet in this one respect, they have been a little b
pickup from the u.s. postal service. we'll even drop off boxes if you need them. visit usps.com pay, print, and have it picked up for free. any time of year. ♪ nice sweater. thank you. ♪ >>> back with jack hanna who is turning my studio in to a slice of madagascar and we have been joined by this vast bear-like creature. what's this? >> this is a bear -- i don't know if you can kneel to get a better shot there. i am going to ask him -- this is what i call a wolverine, one of the pound for pound one of the fiercest animals in the country. this tail here he can sit in trees and hangs upside down. if it got around your nick it could do you in 30 to 60 secs. he would not do that. but he has big teeth, nocturnal and lives in malaysia jungles. he feels with the whiskers in darkness. he smells like popcorn. >> he smells like popcorn. >> we get so hungry in the truck driving around with him because he smells like popcorn. the claws -- >> do you never get bitten. >> they raise the animal and know they are wild animals. we want to bring them to teach people about these creatures and animal
in italy. he became the first japanese american in congress and served 50 years in the u.s. senate. his death was announced by harry reid. >> the kindness that he has shown me for me time here in the senate has been something i will cherish always. a man who has lived and breathed the senate. he was that patriot. >> very kind words. president obama also a native of hawaii tweeted aloha yesterday. he died yesterday at 88 years old. >>> there is progress in talks on the fiscal cliff, but major sticking points still remain with just two weeks to go. a top republican says there is disagreement over spending cuts versus new taxes and until that could be worked out, there won't be any talks about the specific details. and wall street closed higher over signs of the talks. the dow jones rose 100 points for its biggest gain of the month. early markets overseas also higher because of capitol hill optimism. and a bounce back in china's economy. >>> a holiday miracle for drivers as plunging gas prices hit their lowest point of the year. aaa reports the price of gas fell more than nine cents a gall
, given to him by you, i guess. it was passed down in the family, which he registered are the u.s. authorities in brownsville and walked it across with the paperwork to the mexicans and they slapped the cuffs on him, which they could have taken the gun and let him go, but they wanted to extort money. am i wrong there? >> either that or they wanted to stick it to american g.i. it's unclear what, but he wanted to figure out how he could go across the country legally with it. >> bill: he didn't sneak it. he walked into the matamoros customs office with it. so this is bogus. which politicians helped you the most? >> certainly iliana ross. >> bill: your congresswoman? >> right. and marco rubio and bill nelson has also been very outspoken about johnny's plight. >> bill: okay. but you haven't heard from hillary clinton, secretary of state, or president obama as we just heard, president's spokesman doesn't know anything about it. does that discourage you? >> it sort of is shocking at this point. >> it's more discouraging the feedback we get from the actual state department. >> bill: they
and he walked into right into one of the most blackmailable situations you can have. it's good the u.s. found out about it before the russians or chinese. it's not that he's a general messing around, and according to the code of the justice that's not allowed. >> teetering on the edge of the fiscal cliff with just 36 days to go until tax increases kick, in the white house and congress are playing a high stakes game of let's make a deal. >> only in america believes there has to be this what i believe to be really farcical now surely -- the nature of the world is very fast moving, america has huge economic problems, heading for another fiscal cliff, everyone laughing at you from afar, the american public sick and tired of all the games going on and there are you, grover norquist, a very bright guy still resolutely saying a pledge is a pledge is a pledge, it cannot be broken when many of your own party are now saying you know, what it doesn't make sense to have this irresolute position anymore. >> two things, the pledge is not for life. but everybody who signed the pledge, including peter
and killed a u.s. military adviser just outside the police head quarters in kabul. >>> vietnamese fishermen rescued a florida man on a disabled yacht. he and three others were towing the yacht from the philippines when the tow rope broke. >>> a senator from idaho is apologizing this morning after he was arrested over the weekend for driving drunk. mike crapo has said previously he does not drink. >>> there's no evidence this morning we don't feel good about the economy. a new abc news/"washington post" poll finds that three-quarters of americans say we're in a recession. half are optimistic about the new year, but that's the least in a decade. >>> santa is ready to leave the secret workshop location in the north pole. there are two places two track him online. norad and for the first time, google. >>> finally, a police officer is being called a hero this morning after rescuing a drowning woman. he did it under the absolute worst conditions an against all odds. it takes protect and stoerve a whole new level. this cell phone video shows boston police officer edward norton jumping into frigid
Search Results 0 to 23 of about 24 (some duplicates have been removed)